Aon plc·4

Feb 17, 5:17 PM ET

Simon Mindy F. 4

Research Summary

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Updated

Aon (AON) COO Mindy F. Simon Receives Award; Shares Withheld

What Happened

  • Mindy F. Simon, Chief Operating Officer of Aon plc, received equity on Feb 12–13, 2026 from the vesting/settlement of performance share units and restricted share units. The filing shows awards/settlements of 5,550 shares (PSUs) and 1,113 shares (RSUs), plus 254 shares from a conversion/exercise event.
  • To cover tax liabilities tied to these awards, the issuer withheld 2,378.1 shares on Feb 12 (priced at $314.49, totaling $747,889) and 108.836 shares on Feb 13 (priced at $321.70, totaling $35,013) — about 2,486.94 shares withheld for taxes (≈ $783k).

Key Details

  • Transaction dates: Feb 12, 2026 and Feb 13, 2026. Form filed Feb 17, 2026 (file appears to be more than the standard 2 business days after some transactions).
  • Transaction codes: A = award/grant (shares issued on settlement); M = exercise/conversion of a derivative (RSU/award conversion); F = shares withheld/disposed to pay taxes.
  • Shares shown as acquired: 5,550 (PSU settlement) and 1,113 (RSU conversion); an additional 254-share conversion/exercise is reported.
  • Shares withheld for taxes (disposed): 2,378.1 @ $314.49 ($747,889) and 108.836 @ $321.70 ($35,013).
  • Shares owned after the transactions: not specified in the filing.
  • Relevant footnotes:
    • F1: 5,550 shares issued on PSU settlement based on 2023–2025 performance per the Organization & Compensation Committee.
    • F2: Shares withheld by issuer to satisfy tax withholding.
    • F3–F6: RSU vesting/settlement mechanics (1-for-1 conversion, nominal payment per Irish law, and multi-year vesting schedule).

Context

  • This was not a market purchase or open-market sale; it reflects routine equity compensation settlement and the common practice of share withholding to pay taxes. The F-coded "disposals" are not sales for cash but tax withholding by the issuer.
  • For derivative/RSU entries: the filing shows conversion/exercise of award units into Class A ordinary shares (some reported at nominal $0 under Irish law).